Group 2 Project Cost Estimate

Complete Cost Estimate for your Project

Note: Change the WBS items and other entries to match your Project's WBS and update costs. Note formlulas in cells.

# Units/Hrs. Cost/Unit/Hr. Subtotals WBS Level 1 Totals % of Total

WBS Items
1. Project Management $104,180 8%
1.1 Project manager 80 $100 $8,000
1.2 Project team members 400 $75 $30,000
Contractors (10% of software development and testing) $66,180
2. Hardware $64,000 5%
2.1 Handheld devices 100 $600 $60,000
2.2 Servers 2 $2,000 $4,000
3. Software $614,000 49%
3.1 Licensed software 100 $200 $20,000
3.2 Software development* $594,000
4. Testing (10% of total hardware and software costs) $67,800 $67,800 5%
5. Training and Support $202,400 16%
5.1 Trainee cost 100 $500 $50,000
5.2 Travel cost 12 $700 $8,400
5.3 Project team members 1920 $75 $144,000
6. Reserves (20% of total estimate) $210,476 $210,476 17%
Total project cost estimate $1,262,856
* See software development estimate
* Software development
Contractor labor estimate 0 $150
Project team member estimate 400 $75
Total labor estimate
Function point estimate Quantity Conversion Factor
External inputs 10 4
External interface files 3 7
External outputs 3 5
External queries 3 4
Logical internal tables 6 10
Total function points
Java 2 languange equivalency value
Source lines of code (SLOC) estimate
Productivity *KSLOC^Penalty (person months) 30.27
Total labor hours (160 hours/month) 4,842.55
Cost/labor hour ($120/hour) $120
Total software development estimate 581,106
 $0
$30,000
$30,000
Function Points
40
21
15
12
60
148
46
6,808